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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Oct 22, 1966
Page
8
New York based United States Steel official Robert Ritchey urges homeowners to inspect and maintain roof drainage to prevent water damage. He notes proper gutter slope downspout placement and straight drainage lines reduce leaks, debris buildup, and soil erosion while recommending durable, visually suitable materials and regular upkeep.
HUD announces a new plan to guarantee repayment on home improvement loans for owners in code enforcement neighborhoods outside urban renewal areas. About 25 cities approved. guarantees cover the loan and refinancing if needed, with 5.75 percent cap and up to 30 years. Additional aids include up to 1500 dollars outright and 3 percent direct loans.
In Washington federal banking agencies cap the interest rate war restricting mortgage money as banks and S and Ls face funds outflow. Ceilings on certificates dropped to 5 percent and new limits may rise if deposits flee to money markets. Brimmer and Greenebaum warned tighter rates could push funds to government and corporate bonds, prompting further action to protect banks and S and Ls.
New York report notes modern glass blowing machines form all bottles and jars an average American uses in a year in under two minutes. Per capita use stands at about 375 annually, with some machines making 250 or more bottles per minute. At 1900, a master blower and helpers produced roughly 240 containers daily.
A new IBM 1130 computer will be delivered early in November for the Bronfman Science Center at Williams College. It will operate from the third floor of the new library wing while the center is completed. Professor Wallace Jordan directs the lab and plans fall demonstrations and training for faculty and students. The machine will primarily support undergraduate science programs and connect science and non science students.
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